Michael R. Gorenstein - 15 Mar 2023 Form 4 Insider Report for Cronos Group Inc. (CRON)

Role
Chairman, President, and Chief Executive Officer, Director
Signature
/s/ Aaron Werner, as attorney-in-fact for Michael R. Gorenstein
Issuer symbol
CRON
Transactions as of
15 Mar 2023
Net transactions value
$0
Form type
4
Filing time
21 Mar 2023, 16:11:18 UTC
Previous filing
03 Mar 2023
Next filing
15 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRON COMMON SHARES Options Exercise $0 +973,618 +10% $0.000000 10,615,714 15 Mar 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRON RESTRICTED STOCK UNITS Options Exercise $0 -973,618 -26% $0.000000 2,714,249 15 Mar 2023 COMMON SHARES 973,618 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc.
F2 The RSUs vest in three substantially equal annual installments beginning March 15, 2024, subject to continued employment through each applicable vesting date.

Remarks:

Chairman, President, and Chief Executive Officer